The Top Easy Access Savings Discussion Area

I-LOV-MONEY

veryintrigued said:

Anyone with a money saving attitude would know putting it under the bed makes no sense at all.

Under the current climate it should be stuffed into your quilt increasing its tog value and saving your energy bill.

Why didn't I think of that?   So provided there is room under the duvet, do you want to utilise some of the room?

gwapenut

Trying to track down my missing wine code, can anyone confirm the sender and subject for the wine code confirmation email?

Consumerist

In reality, I wonder how straightforward it would be to withdraw several thousands of pounds in cash over a short period without there being questions asked.

colsten

Consumerist said:

In reality, I wonder how straightforward it would be to withdraw several thousands of pounds in cash over a short period without there being questions asked.

You might get asked questions, you would answer them if you had any sense, and that would be that.

I-LOV-MONEY

Consumerist said:

In reality, I wonder how straightforward it would be to withdraw several thousands of pounds in cash over a short period without there being questions asked.

It is only right that they should check your identity.   I wouldn't want anybody else touching my millions

Consumerist

I also wonder how straightforward it might be to deposit several thousand pounds in cash when you want to get back into savings again.

Ken68

I'll let you know Cons., have a lot of high value NSand I Guaranteed Grwth Bonds and other fixed rate stuff coming to maturity in Jan and Feb and March. God knows where to put the money, a nuisance, lol.

colsten

Consumerist said:

I also wonder how straightforward it might be to deposit several thousand pounds in cash when you want to get back into savings again.

Most people will not have a need to deposit several thousands in cash. If you do, you simply deposit the cash into your current account. Should your bank ask, before or after taking the deposit, for the source of the funds, you will provide it to them. This will not be a problem since you will have proof that the money is not proceeds of criminal or otherwise illegal activities.

Once the money is in your current account, you FP it into your savings account. Easy.

I-LOV-MONEY

Ken68 said:

I'll let you know Cons., have a lot of high value NSand I Guaranteed Grwth Bonds and other fixed rate stuff coming to maturity in Jan and Feb and March. God knows where to put the money, a nuisance, lol.

Ditto, I have some due in January 2.20% AER ... I can only dream of that today!    What do I do with it?   More for the duvet?!

Consumerist

colsten said:

Consumerist said:

I also wonder how straightforward it might be to deposit several thousand pounds in cash when you want to get back into savings again.

Should your bank ask, before or after taking the deposit, for the source of the funds, you will provide it to them. This will not be a problem since you will have proof that the money is not proceeds of criminal or otherwise illegal activities.

You make it sound so easy. How do you prove you've had the money under your proverbial mattress?